Question: “In your wide ranging interview with Peter Schiff, as in most
of your opinions, I sensed an avoidance from meaningful discussion of
taxation, and of the philosophy thereof."

"The Trump campaign has
correctly identified taxation of imports as a necessary change from
present practice, but without identifying its’ most meaningful
justification, taxation unequal to that on national production."

"What
is your opinion of importing goods and services at a cost excluding the
same level of taxation included in the cost of those nationally
produced? And secondly, can you justify a taxation base of income?”

Donald Trump has been getting closer and closer to likely Democrat opponent, Hillary Clinton in recent polls. But
suddenly two polls came in yesterday showing Trump taking the lead. In
the May 14-17 Fox News poll, Trump leads Clinton 45 to 42 – a 3-point
margin.Also, Trump’s favorable/unfavorable numbers are changing fast
now. In the new Fox poll, favorables were 41% and unfavs, 56%. That’s a
20-point swing from March, when his fav/unfav numbers were 31-65. In a Rasmussen poll released yesterday, Trump beats Clinton by a 5-point margin – 42 to 37.Trump’s
delegate count now stands at 1161, just 76 shy of that magic number
that last month, the MSM was still proclaiming to be unobtainable and a
brokered convention was a surety. Well, no longer.We are still sticking to our March prediction of 1407 1st ballot delegates in Cleveland in July for Trump.I’m still reporting from Washington. Good day.

Back in November, when the world-record crude inventory glut was still
in its early innings, we showed what we then thought was a disturbing
image of dozens of oil tankers on anchor near the US oil hub of
Galveston, TX, unwilling to unload their cargo at what the owners of the
oil thought was too low prices.

Little did we know that just a
few months later this seemingly unprecedented sight of clustered VLCCs
would be a daily occurrence as oil producers, concerned by Cushing
hitting its operating capacity, would take advantage of oil curve
contango to store their oil offshore indefinitely.

However, while
the "parking lot" off Galveston has since normalized, something
shocking has emerged and continued to grow half way around the world,
just off the coat of Singapore. This.

The concept of the Devil's offer in the Garden of Eden: If you eat of this Tree of Knowledge, ye shall become gods. Now, this is readily available for those who will plug in. They will be gods of their own existence online.
Lets start from the beginning..

Dr.
Paul Craig Roberts
Assistant
Secretary of the US
Treasury Dr.
Paul Craig Roberts
has had careers in
scholarship and academia,
journalism, public
service, and business.
He is chairman of
The Institute for
Political Economy.

Paul Craig Roberts

Dr.
Roberts was awarded
the Treasury Department’s
Meritorious Service
Award for “his
outstanding contributions
to the formulation
of United States economic
policy.”

In 1987 the French
government recognized
him as “the artisan
of a renewal in economic
science and policy
after half a century
of state interventionism”
and inducted him into
the Legion of Honor.
Dr.
Roberts has held academic
appointments at Virginia
Tech, Tulane University,
University of New
Mexico, Stanford University
where he was Senior
Research Fellow in
the Hoover Institution,
George Mason University
where he had a joint
appointment as professor
of economics and professor
of business administration,
and Georgetown University
where he held the
William E. Simon Chair
in Political Economy
in the Center for
Strategic and International
Studies.

He has contributed
chapters to numerous
books and has published
many articles in journals
of scholarship, including
the Journal of Political
Economy, Oxford Economic
Papers, Journal of
Law and Economics,
Studies in Banking
and Finance, Journal
of Monetary Economics,
Public Choice, Classica
et Mediaevalia, Ethics,
Slavic Review, Soviet
Studies, Cardoza Law
Review, Rivista de
Political Economica,
and Zeitschrift fur
Wirtschafspolitik.
He has entries in
the McGraw-Hill Encyclopedia
of Economics and the
New Palgrave Dictionary
of Money and Finance.

He has contributed
to Commentary, The
Public Interest, The
National Interest,
Policy Review, National
Review, The Independent
Review, Harper’s,
the New York Times,
The Washington Post,
The Los Angeles Times,
Fortune, London Times,
The Financial Times,
TLS, The Spectator,
The International
Economy, Il Sole 24
Ore, Le Figaro, Liberation,
and the Nihon Keizai
Shimbun. He has testified
before committees
of Congress on 30
occasions.

Dr. Roberts was associate
editor and columnist
for The Wall Street
Journal and columnist
for Business Week
and the Scripps Howard
News Service. He was
a nationally syndicated
columnist for Creators
Syndicate in Los Angeles.
In 1992 he received
the Warren Brookes
Award for Excellence
in Journalism. In
1993 the Forbes Media
Guide ranked him as
one of the top seven
journalists in the
United States.

President Reagan appointed
Dr. Roberts Assistant
Secretary of the Treasury
for Economic Policy
and he was confirmed
in office by the U.S.
Senate. From 1975
to 1978, Dr. Roberts
served on the congressional
staff where he drafted
the Kemp-Roth bill
and played a leading
role in developing
bipartisan support
for a supply-side
economic policy. After
leaving the Treasury,
he served as a consultant
to the U.S. Department
of Defense and the
U.S. Department of
Commerce.

The man behind the name Jim Willie has experience in three important fields of statistical practice in the 23 years following completion of a PhD in Statistics at Carnegie Mellon University. He spent time since 2001 in a private consulting firm in Pittsburgh, PA. His work included pharmaceutical and medical claim estimation, stratified sampling for consumer packaged goods market share, training seminars in advanced regression models, and consulting toward various other projects within the firm. In August of 2003, he became a low-cost solution at his firm, and since then has focused exclusively on the US and world economies, financial markets, currencies, and the commodity fields. Gold and energy have been a prime focus.

Jim spent five years at the corporate headquarters of Staples in suburban Boston in the last half of the 1990 decade. Work focused upon forecasting and sales analysis for their retail business, but also for the catalog and internet business. His retail floor labor scheduling program integrated several forecasts across the entire retail chain of over 1000 stores. Retail models, seasonality estimation, marketing effects, price elasticity analysis, all supported either the forecast process or profit margin enhancement. During his time at Staples, the company quadrupled in revenues and store count nationwide.

At Digital Equipment Corporation in suburban Boston, Jim worked for nine years in a unique zero-profit center within the company, one totally dedicated to marketing research on Digital products and the computer industry. Large strategic studies and smaller product studies were completed in the hundreds by a staff of 12. Strategic studies incorporated orthogonal fractional factorial designs, for evaluating various product feature combinations and industry directions. Product studies helped to enhance design and development. All datasets were analyzed exhaustively for useful information on perceptions, preferences, drivers, trends, usage, and demographics. However, extreme errors of judgment by senior executives resulted in the rapid decline in the company, departure of the best and brightest leaders, severe reduction in its workforce, and eventual acquisition by Compaq, then later by Hewlett Packard, which now manages his defined benefit pension. Sadly, many younger people have not even heard of the second largest computer mfg firm behind IBM in the 1980 and 1990 decades. HP took a large portion of Digital’s customer base.

Also at Digital, before the marketing research post, Jim worked for five years as a quality control consultant to the manufacturing organizations. He authored a DEC Engineering Specification which was integrated at all 28 mfg plants worldwide. It streamlined the stress testing of units from the assembly lines, with significant savings from reduced test time. Over a seven-year period, its implementation reduced mfg costs corporate-wide by between $250 and $300 million. Those were days of considerable fat in the US mfg arena, however. A few of his colleagues from Digital days remain trusted friends and analysts.
About GoldenJackass.com

The Golden Jackass website is designed to inform and instruct in the complex ways of gold, currencies, bonds, interest rates, stocks, commodities, futures, derivatives and the world economy, with no respect shown for inept bankers and economists, whose policies and practices contribute toward the slow motion degradation, if not destruction, of the financial world.

The website provides an ongoing source of excellent articles written by other authors, who make significant contributions to the above mentioned topics, in addition to a collection of news briefs filled with critical data. A minimum of tools are also made available for monitoring charts of important series, such as the USDollar, gold, the CRB index, and the US$ money supply.

For those who wish to pursue a deeper course, with monthly commentary and essays, highlighted by strategic forecasts, combined with potentially profitable mining and energy stock selections, subscription to the HAT TRICK LETTER is offered to members at the cost of a low recurring fee.

US Is Losing Control Of The Middle East And Is Preparing To Take Action

The US is ranked number 1 for the most expensive health care. DC
Judge supports the 2nd Amendment, you can own and carry a weapon
anywhere. 1,000 Ukrainians protesting the elections in Donbass, want
Poroshenko gone if he allows it. The people of Iraq are protesting
against the puppet government, the US is losing control in the middle
east. Turkey passes law to imprison anyone that opposes Erdogan. NATO
now bringing in more military assets and troops to the Baltic area.
Russia extends a hand out to the US and asks if would like to have a
joint operation against the terrorists in Syria, US rejects. Warning
everywhere that the IS is getting ready to push terror everywhere. Be
prepared for a false flag.

Jeff interviews Mises Institute member Daniel from the barrios of
Caracas, Venezuela. Topics include: Anarcho-capitalism in Venezuela, the
trouble with socialism, the Mises Institute in Venezuela, $1 a day
maximum withdrawal limit, long lines for the supermarket, anarchism is
unknown in Venezuela, armed private security is not allowed greatly
adding to the danger, only criminals have guns, murder rates skyrocket
in gun free zones, hyperinflation with more to come, very dangerous to
speak up against the government.

According to NOTAM A0992 / 16 issued by the Greek authorities, the
Israeli air force has committed a large area within the Athens FIR, to
do exercises from May until early June.More specifically, as you can
see on the interactive map of Onalert.gr, Israel has committed a very
great extent, which lies south of Crete and north of Africa line from
Alexandria Egypt area up and Benghazi in Libya.

According to
NOTAM A0992 / 16 in Athens, Greece grants this periochig an Israeli
exercise provided be filed normally flight plans by Israeli aircraft, in
accordance with international regulations, to be in contact with Athens
and continuously monitor the hazard rate in the event that something
extraordinary occurred. This Puts the Israeli and US Military right
underneath the flight path and the first ones on the scene. Once more,
theses same two military groups were also on the ground in Egypt right
under the Russian flight that went down in the Sinai. I think that
speaks volumes! 2 Military groups caught under 2 flights that go down
connected to Egypt! Actions speak louder than words!

Alex Jones talks with Peter Schiff about the coming economic collapse and how America could easily become the next Venezuela.

Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.

Noam Chomsky is an acclaimed public intellectual whose ideas and scholarship are known the world over. He has been described as one of the most widely quoted, most widely cited, and most influential intellectuals of our time. Professor Chomsky began teaching at MIT in 1955 where he remains today as Emeritus Institute Professor in the Department of Linguistics and Philosophy. His pioneering work in linguistics changed the course of research in the cognitive sciences before he even reached the age of 30. Professor of Linguistics Neil Smith of University College London remarked that Chomsky “did for cognitive science what Galileo did for physical science.” Chomsky has had a similar impact in his work concerning social justice, where his voice has inspired scholars, activists, and citizens the world over. Professor Chomsky is “one of the most notable contemporary champions of the people” in the words of Chomsky biographer Wolfgang B. Sperlich, a “genuine people's hero; an inspiration for struggles all over the world for that basic decency known as freedom” in the words of journalist John Pilger. Noam Chomsky is tireless, an author of over 100 books and a highly sought after speaker who regularly (it seems weekly) lectures at the most prestigious institutions in the world.

This is the story of the secret deal between the British and French, concluded in May 1916, which aimed to carve up the Middle East in ways that most benefited the two European powers.
Modern world history has been heavily influenced by events in the Middle East, whose strategic importance has been magnified by both a global dependence on oil and the Israel-Palestine conflict.
A hundred years ago, World War I saw Britain, France and Russia locked in combat with Germany, Austro-Hungary and the Ottomans. As the war in Europe fought itself almost to a standstill, Britain cast a strategic eye towards key areas of the Ottoman Empire. Should the allies be victorious, it would be important to claim the most strategically valuable territory - Greater Syria and Mesopotamia - particularly in relation to the French.
The prime minister, Herbert Asquith, turned to a young British politician, Sir Mark Sykes, who'd become chief government adviser on the "Near East". In late 1915 and early 1916, he and the French lawyer-turned-diplomat, Francois Georges-Picot, would negotiate the terms of a secret agreement with potentially far-reaching consequences.

“Control oil and you control nations; control food and you control the people.”Henry Kissinger

“once a standing army is established, in any country, the people lose their liberty.”George Mason

“Military men are dumb, stupid animals to be used as pawns for foreign policy.”Henry Kissinger

“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”Henry Kissinger

"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin

The people who cast the votes decide nothing. The people who count the votes decide everything.Joseph Stalin

Governments keep a lot of secrets from their people . . .Why aren't the people in return allowed to keep secretsfrom the government?PHILIP ZIMMERMAN, DER SPIEGEL“Some call it Communism, I call it Judaism.” Rabbi Stephen Weiss

“Anti-Communism is Anti-Semitism.” Jewish Voice, July - August 1941

Taxing People is Punishing SuccessUNKNOWN

There's the rich, the poor, and the tax payers...also known as the middle class.Robert Kiyosaki ‏

The Tax you pay is The Bill for Staying StupidStefan Molyneux

“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus

The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.The Rothschild Bros

"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.

This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.

By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."

USA Banker's Magazine, August 25 1924

Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money UNKNOWN

Taxation is legalized Theft UNKNOWN

"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker

Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they﻿ make you king ....

Bob Dylan

"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich

There is NO political answer to a spiritual problem!Steve Quayle

Political Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship Gilad Atzmon

The modern definition of racist is someone who is winning an argument with a liberalPeter Brimelow

When People lose everything and have nothing left to lose , They Lose It ! GERALD CELENTE

Your Greatest Teacher is Your Last Mistake DAVID ICKE

The one who Controls the Education System , Controls﻿ PerceptionUNKNOWN

"The world will not be destroyed by those who do evil, but by﻿ those who watch them without doing anything."

Albert Einstein

Receive These Posts by Email:

Search This Blog

Let me tell you why you're here. You're here because you know something. What you know you can't explain, but you feel it. You've felt it your entire life, that there's something wrong with the world. You don't know what it is, but it's there, like a splinter in your mind, driving you mad. It is this feeling that has brought you to me. Do you know what I'm talking about? Morpheus The Matrix 1999

Listen to All. Follow None!﻿ Question Everything & Think for Yourself

Contributors / Writers needed

You Want to Contribute ,Write or Submit Articles to The Financial Armageddon Blog please contact me : vtc.com@gmail.comthank you

No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to pleaseUNKNOWN

Freedom is not FreeUNKNOWN

Don't Steal The Government Hates The CompetitionRon Paul

"Buy The Rumor , Sell The Fact "Peter Schiff

You can love your Country and not your Government

Jesse Ventura

" The Government Works for ME , I do not answer to them They Answer to ME "Glenn Beck

"Tyranny will Come to Your Door in a Uniform "Alex Jones

"The Government is not The Solution to our Problems , The Government is The Problem "Ronald Reagan

"The price good men pay for indifference to public affairs is to be ruled by evil men."Plato

The world is a﻿ tragedy to those that feel, and a comedy to those that think...Beppe Grillo

"The people should not fear the government for it is the government who should fear the people"UNKNOWN

"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN

"They don't control us , We empower them " UNKNOWN

"Serial Killers do on a Small Scale What Governments do on a large one..."

Serial Killer Richard Ramirez

There is a Class War going on in America, & unfortunately, my class is winning."Warren Buffet

"When the people fear their government, there is tyranny; when the government fears the people, there is﻿ liberty."

Thomas Jefferson

"College is a waste of﻿ Money"Albert Einstein

Schools manufacture people who think that they're smart but they're not. Robert Kiyosaki

Education is what you learn after you leave School Robert Kiyosaki

" ‏Schools were designed to create employees for the big corporations."Robert Kiyosaki

"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson

Dissent is the highest form of patriotismThomas Jefferson

“True education makes you feel stupid. It makes you realize you have so much more to learn.”Robert Kiyosaki

"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way

"Aspire not to have More but to be More "UNKNOWN

The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know. Robert T. Kiyosaki ‏

"Failure is simply the opportunity to begin again. -This time more intelligently."Henry Ford

What You Own Owns You UNKNOWN

If you expect the government to solve your problems, you have a problem.Robert Kiyosaki ‏

"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin

"None are more hopelessly enslaved than those who falsely believe they are free.” - Johann Wolfgang von Goethe

"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell

Be The Change you want to see in The World UNKNOWN

Failure inspires winners but defeats losersRobert Kiyosaki ‏

“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people”A Chinese Proverb

"First they came for the Socialists, and I did not speak out--Because I was not a Socialist.Then they came for the Trade Unionists, and I did not speak out--Because I was not a Trade Unionist.Then they came for the Jews, and I did not speak out--Because I was not a Jew.Then they came for me--and there was no one left to speak for me." UNKNOWN